Cautiousness among employers and employees due to economic uncertainty is outweighing any demands for significant increases in pay settlements, according to figures from EEF.
Whilst the latest three-month period showed a slight rise in settlements, the manufacturers’ organisation stressed that this is continuing a trend back towards a more normal bargaining level following the recession when settlement levels fell to record lows. EEF’s pay data for the three months to the end of February 2010 (the busiest wage negotiating…
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